The Nominal Speaker Of The US Congress, Zainab Al-Suwaij, Revealed The Policy Of US President Donald Trump With Iraq In The Next Phase.
Al-Suwaij said, during her hosting in the program {Free Talk} broadcast by the Al-Furat satellite channel this evening, that: “There is a significant change for the Trump administration from his previous and current mandate, especially in this elections, where he tried to focus on the Muslim and Arab community in America to vote for him,” noting that “Trump comes up with new plans for the Middle East and America and took 10 big and bold decisions, the most important of which is securing the American economy.” She added that “Trump learned the lesson after his previous loss and during the period of his candidacy he held more than 35 meetings with the American Muslim community,” stressing that “Trump will take Iraq into account to preserve American interests, America’s interest is above any consideration of the different superiors because American policy is the same.”
“I don’t think of America’s old age, but there are old parties that have power and influence, and Trump has chosen a balance of different ages and colors in his team,” she said. She explained that “Trump wants his presidency to be free of wars and conflicts to save the money paid from the US Treasury and the Middle East issue important to him for disarming, preserving America’s interests in it and ending conflicts in the region.” “The US administration will be very careful in dealing with Iran and vice versa, and this takes us to the tidal period, and perhaps there will be agreements that erase the past and new pages open,” she said. US President Donald Trump was sworn in to be president of the United States. Trump became the 47th president of the United States in a second term, succeeding Joe Biden’s predecessor. Trump was sworn in at the US Congressional Building. Trump will sign about 100 executive orders and cancel all Biden’s orders.
In this engaging and informative video, Melanie Hines, a prominent figure in the Iraqi dinar investment community, shares the latest developments regarding the Iraqi currency and governmental activities.
Addressing her viewers with a friendly tone, she discusses personal anecdotes, such as enjoying homemade pizza, before diving into crucial updates on Iraqi financial systems and political happenings.
Melanie highlights significant intel from her sources, particularly related to the Central Bank of Iraq (CBI) and the anticipated release of new currency notes in various denominations. She emphasizes the importance of digital transformation in Iraq’s economy, including electronic payment systems and the integration of modern banking technologies. As the situation in Iraq evolves with legislative votes and international engagements, Melanie reiterates the vital role of prayer and community support, as well as the potential for significant financial gains for those holding Iraqi dinar.
🍕 Personal Touch: Melanie shares her evening plans, connecting with her audience on a personal level.
💵 New Currency Notes: The CBI is preparing to release new currency notes with enhanced security features and multiple denominations.
🔌 Digital Transformation: Iraq is advancing its financial systems through electronic payments and digital banking, indicating a shift towards modernization.
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;Community Support: Melanie encourages her followers to pray for those involved in the ongoing conflicts in Syria, showcasing her concern for their safety.
🌐 International Interest: Iraq is becoming an attractive destination for international business, reflecting its growing potential on the global stage.
📈 Optimism for Investors: Melanie expresses confidence that those holding the Iraqi dinar will benefit financially in the near future.
🗳️ Legislative Developments: Upcoming votes in the Iraqi parliament signal important changes in the budget and governance.
Key Insights
📊 Importance of Digital Currency: Digital transformation is a key theme in Iraq’s financial future. The government’s initiative to implement electronic payment systems is indicative of a broader trend towards modernization. This shift is essential not only for improving efficiency in transactions but also for enhancing transparency and tracking inflation. As more citizens and businesses adopt digital payment methods, the Iraqi economy will likely become more stable and integrated with international markets.
🚀 Emergence of a New Monetary Policy: The anticipated release of new currency notes by the CBI, featuring enhanced security features, is a significant step in reforming Iraq’s monetary policy. This move could boost confidence in the dinar, potentially leading to an appreciation of its value. The introduction of lower denominations aims to facilitate transactions and support citizens in a transitioning economy, making it easier for them to engage with both local and international markets.
⚡ Continuous Legislative Support: The ongoing legislative activity in Iraq, including the imminent voting on budget amendments, highlights the government’s commitment to resolving disputes and ensuring a coherent financial strategy. The passage of these amendments is crucial for maintaining stability and fostering investor confidence. As the Iraqi parliament actively addresses key issues, it becomes a point of interest for foreign investors and international organizations looking to engage with Iraq.
🌍 Growing Global Interest in Iraq: The mention of Iraq being referred to as “The Golden Child” suggests a shift in global perception. As international representatives visit and express interest in Iraq, it becomes evident that the country is increasingly viewed as a viable destination for investment and collaboration. This newfound attention could lead to an influx of capital and resources, further enhancing the economic landscape.
🔍 The Role of Community and Faith: Melanie emphasizes the importance of community support and prayer, particularly in light of ongoing conflicts in the region. This highlights a cultural aspect where shared faith and collective hope play a role in navigating challenges. The solidarity within the community can be a source of strength for individuals and families affected by instability.
📅 Future Financial Prospects: The optimistic outlook for those holding Iraqi dinar is a critical message throughout the video. Melanie’s confidence in the currency’s potential appreciation reflects a broader belief in Iraq’s economic recovery and growth. As reforms are implemented and the financial system evolves, investors may see substantial returns on their investments, reinforcing the significance of staying informed and engaged in the process.
🔄 Market Dynamics and Float Mechanism: The discussion around the potential for the dinar to float in the international market brings to light the complexities of currency valuation. The idea that the dinar may start at a lower rate and gradually appreciate aligns with how currencies typically behave in a free market. Understanding these dynamics is crucial for investors as they navigate the unpredictable nature of foreign exchange markets.
In conclusion, Melanie Hines provides a wealth of information for her audience, blending personal anecdotes with critical updates on Iraq’s financial landscape. Her insights into the developments regarding the Iraqi dinar and the broader economic context are valuable for anyone interested in this unique investment opportunity. By fostering a sense of community and encouraging engagement, Melanie strengthens the connection between her viewers and the evolving narrative surrounding the Iraqi currency.
Shafaq News / Kurdistan Regional President Nechirvan Barzani on Monday congratulated US President Donald Trump on officially assuming the presidency after the oath of office.
“On behalf of the Kurdistan Region of Iraq, I congratulate President Donald Trump on his inauguration as the 47th President of the United States,” Barzani wrote on his page on the X website.
“We highly appreciate our strong partnership with the United States and look forward to working closely to promote peace, stability and shared values.”
Wow, what an alamstrom of activity we had today at President Trumps inaguration.
Drill baby drill, the Golden age is here, restoring the republic, liberation is upon us! And on and on.
As we speak he is signing 100 executive orders, amongst which involved Iraq and XRP, both of which tie to the reset and BRICS. Everyday will be like opening a surprise present. Golden times ahead
Dara Hama Ahmed, a member of the Iraqi Parliament’s Legal Committee, revealed on Monday, January 20, 2025, the results of the dialogues held by the Kurdish delegation in Baghdad with Finance Minister Taif Sami, on the salaries of the region’s employees.
Ahmed said in a statement to the “Jabal” platform that “the dialogues of the regional delegation in Baghdad were positive and good, but they have not resolved the financial differences between Baghdad and Erbil so far, especially the disbursement of financial allocations to the region to pay the salaries of employees there.”
He pointed out that “the delegation ended its meetings in Baghdad and tomorrow, Tuesday, a delegation from the Iraqi federal government will head to the city of Erbil to complete the dialogues to reach solutions to the financial crisis that negatively affected citizens in the Kurdistan Region.”
He added that “the next few days we may witness solutions to the salary crisis of the Kurdistan Region employees, as the dialogues continue and there is a positive atmosphere according to what has reached us by the regional government delegation today.”
Earlier, a member of the Kurdistan Democratic Party and spokesman for the “Parti” bloc in the Iraqi House of Representatives, Vian Dakhil, the finance minister in the federal government, attacked Taif Sami, saying that she was following the methods of Saddam Hussein with the children of the Kurdistan Region,
“The Ministry of Finance has returned lists because the names are written in Kurdish,” an intern intersation that “the Ministry of Finance to manage the funds is the reason behind the region’s salary crisis,” Dakhil said in an interview with the “Approachment” program and followed by “Al-Jabal”.
She pointed out that “99% of the employees of the region are their salaries,” considering that “the Minister of Finance [Tif Sami] follows Saddam Hussein’s methods with the children of Kurdistan,” according to her expression.
An interner pointed out that “all governorates have a problem with the Ministry of Finance and there is no clear financial policy,” noting that “the statement of the Ministry of Finance is unrealistic and we have what proves that it is not correct,” and “our evidence confirms that the Ministry of Finance has delivered only 10 trillion Erbil and not as it claims,” while “what has been achieved from non-oil revenues in Iraq as a whole is 8 billion and finance wants half of them from the region.”
Finance Minister Taif Sami stated earlier that “one of the most prominent challenges faced by the ministry in implementing the 2024 budget and the deficit in it came as a result of the federal government’s payment of more than 11 trillion salaries for Kurdistan Region employees, while the authorities in Kurdistan did not hand over the regional oil and non-oil revenues to the Center, which reflected negatively on the financing of other governorates,” according to her claim.
What we're hoping to see through this week...they come out and give us some type of news saying that sometime in the near future they're going to tentatively set a date to send and approve the budget schedules to parliament.
That's what we want to see. We want to see them schedule a time period to where they'll be ready to send the budget schedules to parliament for approval and reveal some kind of time frame or a date for that.
That's the next critical piece we're looking for. The rate needs to change before [approval] is going to happen...Everything is moving in the right direction...We're very very close to this..
President of the Republic, Abdel Latif Jamal Rashid, arrived on Monday in Switzerland to participate in the meetings of the World Economic Forum held in Davos.
The World Economic Forum, which is held annually in Davos, Switzerland, is a global platform that brings together policy and economic leaders from around the world to discuss the most prominent international issues and challenges, such as climate change, the global economy, innovation, and sustainable development.
...economic expert Nabil Jabbar Al-Tamimi is saying they are ready for FOREX after implementing all these banking and financial reforms.
The White Paper reforms have been successful. It is time to move to the next stage which is…...?
Well folks financial and banking researcher Mustafa Hantoush just pointed out to us what the next stage should be.
Yes, I mean FOREX! I do not see the Trump era administration not seeing the necessity for going to FOREX with all the progress of the reforms to move to the next stage. I am sure the US Treasury will agree. ...I am told by [my] CBI contact...that they...are giving Iraq a “thumbs up” to move ahead
Al-Wasat Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the southern East Baghdad field.
The company’s general manager, Mohammed Yassin Hassan, said in a statement received by {Al-Furat News} that the main exploratory well test operations in the East Baghdad field have achieved great success, as a high-yield oil flow of medium and light oil was obtained.
He is expected to add more than two billion barrels to Iraq’s oil reserves, making it the largest oil discovery in central Iraq
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The Director General pointed out that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil.
Yassin praised the fruitful cooperation between the Iraqi engineers of the Central Oil Company and their counterparts in the Chinese company EBS, which resulted in careful planning and the careful implementation of well testing procedures in areas within the oil field.
This discovery gains strategic importance as it adds to Iraq’s oil balance, which ranks fifth in the world in proven reserves. This achievement also enhances the productive capacities of Iraq, one of the founding and influential members of the Organization of the Petroleum Exporting Countries (OPEC), which supports its pivotal role in the global energy market.
Security features for the new banknotes using images from the old banknotes.
When you’re driving home and someone is following you and you don’t know who they’re what extent of misdirection do you go to in order to get them off your trail?
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2025-01-19 03:44Font
Shafaq News/ The Central Bank of Iraq (CBI) revealed the security features of its new banknotes to raise awareness among the public, companies and financial institutions.
The CBI also underscored the sophistication of Iraqi banknotes, describing them as among the most advanced in terms of security features.
The notes are printed on premium paper to guarantee both quality and security.
The new banknotes will circulate alongside the existing ones, with no plans to withdraw the older currency from circulation, the Central Bank confirmed.
In a technical bulletin, the CBI showcased the enhanced security features of the banknotes, including raised marks on the new notes to assist visually impaired individuals in identifying denominations by touch.
To ensure a smooth transition, the CBI emphasized that the public will have sufficient time to familiarize themselves with the new banknotes and urged the widespread dissemination of this information.
Highlighting its objectives, the CBI stated that its primary goals include maintaining local price stability, ensuring a competitive and stable financial market system, and promoting sustainable growth, job creation, and prosperity in Iraq.
The CBI warned that manufacturing, possessing, or distributing counterfeit banknotes constitutes a criminal offense punishable by law and urged the public to report any counterfeit currency to the police or the Central Bank.
1737284012913_دليل الاوراق النقدية.pdf
l-Nusairi: Banks Are The Lever Of Sustainable Development
Banks Economy News – Baghdad Economic and banking advisor Samir Al-Nusairi confirmed, on Sunday, the completion of the Central Bank’s procedures for implementing the goals and initiatives of its third strategy 2024-2026, which is concerned with developing and restructuring the banking sector in accordance with what the consulting and auditing companies that are currently cooperating with the Central Bank and with the government in this field have reached, and that it should not be limited to support, but rather go beyond that to include the banking sector in making economic, financial, banking and investment decisions.
Al-Nusairi spoke about the challenges of the Iraqi economy and the opportunities for reform of the banking sector in the government’s program and the prospects of the Central Bank’s future vision for the role of the banking sector in sustainable development.
In light of the efforts currently being made to activate and revolutionize the productive economic sectors other than oil to diversify sources of national income and achieve financial sustainability, and the role of the Central Bank in regulating foreign trade financing and completing infrastructure projects to achieve comprehensive digital transformation and expand the use of electronic payment tools in achieving financial inclusion.
He explained that the opportunities for reforming and developing the banking sector in 2025 are as follows:
1- Developing the Iraqi banking system and its compliance with international banking and accounting standards.
2- Enhancing citizens’ confidence in the banking sector locally and internationally recognizing its transparency, progress, and strict commitment to international standards and obtaining the confidence of solid correspondent banks to deal with it.
3- Converting banks to their primary function, which is financing and bank lending for development.
4- Banks that do not provide loans and banking facilities that help in development as a lever for sustainable development lose their meaning as banks, which requires a specific position towards them from the Central Bank in 2025.
5- Seeking to move from a cash economy to a digital economy and withdrawing money outside the banking cycle and introducing it into the banking system.
He pointed out that all the above goals, although the period specified for their implementation according to the timetable of the government program and the strategy of the Central Bank ranges between (1-4 years), what was achieved in 2023 and 2024 constitutes about 60% as announced, which led to the evaluation and classification of banks based on their achievement of the planned goals.
There are banks that are moving towards the required development and banks that still need an additional period of time to achieve the goals, and there are troubled banks that are now making exceptional efforts from the Central Bank and the administrations of these banks to rehabilitate them.
He added that what concerns us here is the real functional role of banks in providing loans and banking facilities and moving from a banking role to a developmental role. There are two important observations that must be taken into consideration regarding the issue of providing loans and banking facilities to stimulate the economy and development.
The first: The nature of banks’ activities depends on the nature of the activities of the economic sectors, and as long as economic activity is focused on trade (imports), banks’ activity remains focused on external transfers and what is related to that, so unless other sectors move (industry, agriculture, tourism, etc.).
It is worth noting that without controlling imports, these sectors will not develop. Second: It is necessary to provide the legal environment and extend the authority of the law in order to control the speculation market in the US dollar on the black market and to eliminate the phenomenon of illegal trade through unofficial outlets. https://economy-news.net/content.php?id=52082
GM - Hope you all had a great weekend. Today is a very exciting day for us Americans and for freedom. I was asked what I thought about the CBI issuing new security features on the 2021 notes -- it's aimed at taking counterfeits out of circulation before the CBI issues new lower denomination notes. In Iraq, they use the 1000 dinar note just like we use the $1 bill here.
See the video clip below from inside Iraq..
BELOW ARE THE -- IQD TO DOLLAR VALUE.
250 IQD: 250 IQD = 0.19 USD
500 IQD: 500 IQD
= 0.38 USD
1000 IQD: 1000 IQD = 0.76 USD 5000 IQD: 5000 IQD = 3.81 USD
10000 IQD: 10000 IQD = 7.63 USD
25000 IQD: 25000 IQD = 19.08 USD
50000 IQD: 50000 IQD = 38.16 USD
All these goods in Iraq will need to be repriced with the new lower denomination notes pricing. When they switch the old notes out for the new ones.
I'm still out of town -- be back tomorrow.
